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$1,225,000

Est. payment - /mo

3 BD

4 BA

Active

4050-56 Euclid Ave San Diego, CA 92105

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Gina Biglione

gbiglione@gmail.com +1(619) 884-9555

UPDATED:

02/06/2025 06:29 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision City Heights

MLS Listing ID 250018250

Bedrooms 3

Full Baths 4

HOA Y/N No

Year Built 1925

Property Sub-Type Res Income 2-4 Units

Property Description

Presenting an exceptional investment opportunity on Euclid Ave in San Diego, CA, this 4-unit property offers great rental potential in a prime location. The property features a spacious two-bedroom front house, complemented by a newly built ADU and two additional units. Made up of 4 separate structures, it provides enhanced privacy and flexibility. With rents already almost at market levels, this property promises strong rental income potential. Current monthly income is $6,628 (including rent increases taking place 3/1). One studio is a new construction garage conversion, while the other is a newly constructed ground-level studio. The 2bd/1ba and 1bd/1ba units offer value-add potential for further growth. There is a long driveway for convenient parking, and the back units are securely enclosed by a gate for added privacy. Situated in a sought-after San Diego neighborhood, this property is close to schools, shopping, dining, and offers easy access to major highways, making it a highly desirable location. Don't miss out on this unique opportunity!

Location

State CA

County San Diego

Community City Heights

Area East San Diego (92105)

Building/Complex Name City Heights

Interior

Cooling Wall/Window, N/K, Other/Remarks

Exterior

Exterior Feature Stucco, Other/Remarks

Fence Partial, N/K, Other/Remarks

Roof Type Other/Remarks

Building

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Acceptable Financing Cash, Conventional, FHA, VA

Space Rent $1,960

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Call Agent

Virtual Tour https://www.propertypanorama.com/instaview/snd/240010394

Listed by Jason J Lee • JLM Real Estate Inc

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Gina Biglione

Agent | License ID: 02225190

+1(619) 884-9555

4050-56 Euclid Ave San Diego, CA 92105

Gina Biglione

Key Details

Location

Interior

Exterior

Building

Others

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4050-56 Euclid Ave